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China Backs E-commerce Expansion in Win for Alibaba, JD.com

China will back e-commerce development and guide international expansion by Chinese internet companies, Premier Li Keqiang said on Thursday, in an endorsement for firms such as Alibaba Group Holding Ltd and JD.com Inc.
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  • Reuters

BEIJING, China — 

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Spain’s Puig Shares Jump on Lauder Merger Talks

Shares of the Spanish beauty group surged around 16 percent on Tuesday, on track for their best trading day on record, after announcing they were in talks over ​a ⁠potential merger with Estée Lauder.


Nicolas Di Felice Exits Courrèges

During five years as artistic director, Di Felice reactivated the storied Parisian label with a clubby energy and collections that breathed new life into its Space Age DNA.


Why Estée Lauder Companies and Puig Need Each Other

The Spanish owner of Byredo, Rabanne and Charlotte Tilbury and the American conglomerate confirmed on Monday that they are in discussions to combine their businesses. A merger could reshape the beauty and fashion landscape.


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